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    \[News\] New York proposes regulations for virtual currency

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    • wrapper
      wrapper Moderators last edited by

      A lot of news at Physorg on Bitcoin at the moment.

      New York regulators on Thursday proposed establishing rules for firms involved in receiving, transmitting and storing virtual currency, as well as retail conversions.

      The proposal by the Department of Financial Services would establish a so-called BitLicense.

      http://phys.org/news/2014-07-york-virtual-currency.html

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